£208,399
This estimated value is based upon the latest sale price for the house of £180,000 on 23 Jul 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £180,000 | 23 Jul 2021 |
| £44,000 | 20 Oct 2000 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in July 2021 the House Price Index for WEST MIDLANDS was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £180,000 results in an estimated price of approximately £208,399.
| 23 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £180,000 | £28,399 | £208,399 |
The Postcode Pricing Model uses changes in average sales price within the WV3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 63.177 % | £113,718 | £293,718 |
| 3 Month Average | 3.471 % | £6,247 | £186,247 |
| 6 Month Average | 7.466 % | £13,438 | £193,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £177,731 | £175,000 | 36 FIR GROVE |
| 24 Feb 2023 | £151,009 | £150,000 | 29 FIR GROVE |
| 17 Feb 2023 | £164,096 | £163,000 | 14 FIR GROVE |
| 19 Aug 2022 | £110,517 | £110,000 | 78 MERRIDALE ROAD |
| 19 Aug 2022 | £75,352 | £75,000 | 78A MERRIDALE ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 14 Aug 2014. Using an estimated price of £208,399 means this house is valued at £3,064 per sq meter (£284 per sq foot).
The average size of a house on PINE CLOSE is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Pine Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pine Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pine Close |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pine Close |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Pine Close |